My parents are in their early 70s. They own a home but are in danger of losing it bc they haven't paid property taxes in a couple of years. They also have 18k debt. My mother nearly died this January and spent 2 months in the hospital and assisted living. She can barely walk and can't fully clean herself (for the past 5 years due to obesity). My dad has been able to care for her (somewhat) but he just had a mild stroke in August and still has quite a bit of weakness in his right arm. He loves the idea of buying a more affordable home. But the location he likes is an hour further from major hospitals and the airport. He wants a place in the country so he doesn't have an HOA or close neighbors (as he can't get along with them). Currently he can barely maintain the home they have and its falling apart and is not handicap safe.
Is it worth trying to help them buy a new home or even purchasing a home to rent to them? Who will care for the property? My husband is in the Army for at least another 10 years and we have 3 small kids (6 and under). So we can't move my parents near us as we are always moving also it is very difficult traveling to help them.
I feel like my mom has needed full assisted living for years (she only reads or watches tv all day) but my dad still has some abilities and dreams, he fishes on his small boat and does light gardening.
What are your thoughts???